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'Jobs, baby, jobs'

by: Carnacki

Mon Oct 13, 2008 at 16:04:34 PM EDT


While Sarah Palin is on her Blow Off West Virginia Tour in Ohio, Clinton, fresh off stumping in West Virginia for Anne Barth and Barack Obama, hit back with the "Jobs, baby, jobs" remark.

Because today, while Palin and McCain focus on debunked smears of Obama and try to get their campaign back on track, Obama announced a sweeping response to the economic problems that will help middle class working people and those in distress from the economic downturn.

TOLEDO - Senator Barack Obama on Monday expanded his economic platform, including proposals to spur new jobs, to give Americans penalty-free access to retirement savings to help them through the downturn, to urge a 90-day moratorium on home foreclosures and to lend money to strapped local and state governments.

"We need to give people the breathing room they need to get back on their feet," Mr. Obama said in an afternoon speech here at the Sea Gate Convention Centre before a crowd of more than 3,000 people.

Mr. Obama called on Congress to double by another $25 billion the government loan guarantees for automakers and to temporarily eliminate taxes on unemployment benefits.

Campaign advisers said those steps and several others could be taken before January through current laws or by the Democratic-controlled Congress acting in a lame-duck session.

Mr. Obama outlined his revised plan in Toledo, a struggling city that is representative of the economic crisis and the battle for industrial-belt swing states that could determine the winner of the Nov. 4 election. He is spending three days in northwestern Ohio, sequestered with an advisers to prepare for the third presidential debate on Wednesday.

In a 30-minute address here, Mr. Obama also called on Americans to embrace a new "ethic of responsibility." His speech was supplemented with visions of optimism, but conceded that tough times faced the nation in the coming months and years.

"I won't pretend this will be easy," Mr. Obama said. "George Bush has dug a deep hole for us. It's going to take a while for us to dig our way out. We're going to have to set priorities as never before."

McCain sought to come up with an economic plan, but rejected those from his advisors as "too gimmicky." Considering this comes from the same John McCain who "suspended" his campaign only to keep it going, their proposals must boggle the imagination for him to have called them "too gimmicky."

But I'm sure he offered a vision to a better future, right? I mean since Mr. Keating 5 with his constant pushing of deregulation and his voting with George W. Bush 95 percent of the time helped create the problem, surely McCain will want to be at the forefront in offering solutions for voters.

"These are hard times, my friends," Mr. McCain said. "Our economy is in crisis. Financial markets are collapsing. Credit is drying up. Your savings are in danger and your retirement is at risk. Jobs are disappearing."

Oh.

So to compare: we have one candidate with specific proposals to help the economy and the middle class and one that offers fear and despair for everyone.

Call me crazy, but I'm voting for "That One."

Carnacki :: 'Jobs, baby, jobs'
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Hmmmm (4.00 / 2)
Fear and despair versus detailed, specific proposals backed up by the best reality based Dem policy team.

Oooooh, what to choose, what to choose?

Tough call, but I'll go with "That One" as well.

Here's what Sully said a short while ago:


The Fiscal Conservative

Some are in despair about this economic reckoning. I don't want to belittle in any way the stress it will inflict on many people who deserve nothing of the kind. But the truth is: there is always something of a relief about hitting reality. That's where we are now in Iraq and Afghanistan and it's where we are now on the economy and energy. The silver lining is that denial is no longer an option, and denial was the chief problem of the Bush administration for seven long years.

And so Obama emerges as the manager of this new realism at home and abroad. McCain might have done so but his refusal to acknowledge the extent of the mistake in Iraq, the suicidal cynicism of his veep pick and his utter incoherence on economics has handed the role of leader to the Democrat at a critical moment in history. Here's the money quote from the Obama speech yesterday. It is a small-c conservative message:

"Part of the reason this crisis occurred is that everyone was living beyond their means - from Wall Street to Washington to even some on Main Street. CEOs got greedy. Politicians spent money they didn't have. Lenders tricked people into buying home they couldn't afford and some folks knew they couldn't afford them and bought them anyway.

We've lived through an era of easy money, in which we were allowed and even encouraged to spend without limits; to borrow instead of save.

We've lived through an era of easy money, in which we were allowed and even encouraged to spend without limits; to borrow instead of save. Now, I know that in an age of declining wages and skyrocketing costs, for many folks this was not a choice but a necessity. People have been forced to turn to credit cards and home equity loans to keep up, just like our government has borrowed from China and other creditors to help pay its bills. But we now know how dangerous that can be. Once we get past the present emergency, which requires immediate new investments, we have to break that cycle of debt. Our long-term future requires that we do what's necessary to scale down our deficits, grow wages and encourage personal savings again."

Amen. Wouldn't it be great to have a president who tells us the truth again? However hard it sometimes is to swallow?
http://andrewsullivan.theatlan...

 


Pair this with Krugman getting the Nobel (4.00 / 2)
And maybe Keynes demand-side will make a come back from Friedman supply-side voodoo.

NFTT: Support My Team or I Will Dance

statedemocracy.org equips you for the 2008 election (4.00 / 2)
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Many of you have used our StateDemocracy.org and LobbyDelegates.com tools in recent times, and have hopefully found your experience uplifting and empowering.  I encourage all of you to help spread the news about StateDemocracy.org to enable more of our fellow citizens to Connect!  Engage! And Empower!

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